Pakistan cricket chiefs have called time on national coach Geoff Lawson, saying the former Australian paceman's contract will not be renewed next year.

"The day Lawson's contract expires he will be no more with the Pakistan team," the newly-appointed Pakistan Cricket Board (PCB) chairman Ijaz Butt said at his first press conference here on Monday night.

"We have no utility for Lawson."

The 50-year-old Lawson was appointed Pakistan coach in July last year after Pakistan's first-round defeat in the World Cup in the Caribbean in March.

Calls for his removal intensified when Pakistan lost to Sri Lanka in the final of the T20 four-nation event in Canada earlier this month.

Butt said Lawson cannot be instantly removed for financial reasons.

"We will suffer a huge financial loss if we terminate his contract now. Since we cannot afford a heavy loss, we will continue with him," added Butt, who took over after Nasim Ashraf resigned as PCB chairman in August.

The latest scenario means Pakistan will appoint a new coach after a Test series against India at home in January-February next year.